The U.S. Attorney’s Office for the District of Maryland announced today that Tomeka Glenn, 47, of Windsor Mill, was sentenced to 65 months in prison, followed by three years of supervised release, for her role in a conspiracy to commit wire fraud involving false COVID-19 CARES Act loan applications.
Glenn submitted misleading Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP) applications between June 2020 and March 2021 for both legitimate and fictitious businesses. These applications contained false information regarding employee numbers, payroll costs, and revenue, as stated by the department.
In court, it was revealed that Glenn received over $400,000 in kickbacks from borrowers in exchange for filing fraudulent loan applications, typically ranging from 10% to 20% of the loan amounts. This scheme contributed to the disbursement of at least $2.7 million across 23 fraudulent loans.
Prosecutors highlighted that Glenn collected $300,726.50 in PPP and EIDL funds for her businesses and attempted to secure an additional $601,511.20 in fraudulent loans. Court records indicate that she used the illicit funds for luxury purchases, including a 2021 Mercedes-Benz S580 valued at over $148,000, a vacation resort in Jamaica, and high-end items from brands like Louis Vuitton, Cartier, and Chanel.
Additionally, the indictment noted that Glenn had no legitimate income during this period and had applied for unemployment benefits in Maryland. As part of her plea agreement, she is required to forfeit assets, including her Mercedes-Benz, cash, luxury jewelry, and a money judgment of $700,726.50.
U.S. District Judge Richard D. Bennett also ordered Glenn to pay $3,016,275.62 in restitution.
